The Albion posts losses of £14.7m

[del strangefish]

What is happening at other clubs?

Slap on the wrist and up to Prem.

 

[algie]

I thought this was a BHA accounts thread? Obviously not.

 

[dougdeep]

Why not just post that smiley for all of your posts?

 

[Alex Alex Dawson oo! oo!]

But that's the nature of football, unless you are one of around four clubs, you have to sell players. Shows how well we have done, to sell talent and get promoted.

I stand by my earlier point. Lower gates, forgetting the Zaha/Clyne money, we still would have posted a smaller loss than you. Something is not right there.

The annual depreciation charge on the Amex stadium build will be significant although we won't know exactly how much until CH upload the accounts. How much did CPFC2010 pay the Administrator for Selhurst Park, I can't remember?

 

[Black Rod]

For anybody who wants us to take a gamble on promotion, I'd say that the 41% increase in playing budget from 2011-12 to 2012-13 was a pretty big gamble to take. If Poyet had have been able to deliver then we'd all be patting Tony Bloom on the back for taking the risk as the increased EPL revenue would have paid off. As it is, he failed, Palace went up and we're sitting here today looking at a near £15m loss for the season.

 

[Surf's Up]

The infrastructure we have in place now has massive admin costs and these + the salaries we need to pay players to be remotely competitive in the Championship means the only place we can survive financially is the Premier League. FFP will more than likely stop us getting there unless we ignore FFP and even if we did get there it's debatable whether we could be competitive in a sustainable way on crowds of 28-30,000. All this unless ticket prices go through the roof.

 

[Syph]

Was thinking about tv money and we haven't seen too much of Brighton on tv......had a look at Sky games and amazed this isn't shared out more..an example would be Leeds United who between August 2013 and March 2014 will have been on Sky 10 times whilst we have had 2 games.........

Steve Parish made the same point last year and complained to to Sky about the inequity. Each game brings in around £750,000.

 

[kevtherev]

Kuszczak
Bruno
Bridge
Hammond
Crofts
Dobbie
Orlandi
Lopez
Ulloa
Upson

All proven players at Championship level or above. That was ten new, first choice players coming in with just Craig Noone, Alan Navarro and at a stretch Tommy Elphick going out. No wonder the football costs increased by so much

Wasn't Harley £600k + wages, which would have easily been double figures a week in thousands.

 

[Working class pride]

Now who was it on NSC who tried to argue that Bloom wasn't subsidising his season ticket? Interesting to see that TV revenue fell. Also interesting that we were the best supported club in the division but still post losses like this.

 

[Goldstone_groover]

Could we set up a www.justgiving.com/pleasehelpbahfc website? We need to do our bit. What about collection buckets at the next home game too?

 

[seagullsovergrimsby]

We do have some costs that are higher than Palace's though. Transport costs come it at about £2.5 million, I think the stadium is now being depreciated, and there were some one off costs too.

Don't get me wrong, Palace did very well last season financially, and will do even better this season.

Are we the only club in the Premier League/Football League saddled with transport costs due to a council imposed mass transit strategy as part of the conditions for building a new stadium ?

 

[Creaky]

Cooey!

Pointless saying too much until I see the statutory accounts. Need to see how much of the costs are disallowable for FFP purposes, and also the extent to which costs are non-recurring in nature (such as redundancy). It does show why the club was so keen to dismiss Poyet and his team without having to fully pay up their contracts.

Can't see in any of the reports exactly which accounts these are - The statutory accounts for the holding company, those for the club or the FFP accounts.

All will be different, if it's the statutory ones for the holding company then they don't sound to bad, (mind you I wouldn't want to fund that loss!), but if it's the FFP accounts then I don't really see how we can expect them to be much lower this financial year.

 

[reigate]

Wasn't Harley £600k + wages, which would have easily been double figures a week in thousands.

He was signed in the previous season, bet yeah higher earner and they may have written off his transfer fee in this period.

 

[Goldstone_groover]

Steve Parish made the same point last year and complained to to Sky about the inequity. Each game brings in around £750,000.

What would that c*nt know?

 

[NS Herald]

Bottom line is that footballers are paid too much. Until there is some realism on this issue, clubs will continue to lose money and I suspect there ain't gonna be any realism so the circle will continue.

 

[Mr Smggles]

Do these losses include investment in ground expansion/the new training ground?

Asset purchases like the training ground and stadium aren't included I. Profit and loss accounts.

 

[El Presidente]

Can't see in any of the reports exactly which accounts these are - The statutory accounts for the holding company, those for the club or the FFP accounts.

All will be different, if it's the statutory ones for the holding company then they don't sound to bad, (mind you I wouldn't want to fund that loss!), but if it's the FFP accounts then I don't really see how we can expect them to be much lower this financial year.

They are certainly not the FFP accounts.

 

[seagullsovergrimsby]

I NEVER forget Porn Q, don't worry!

You've seen that never released episode of Star Trek : The Next Generation

 

[Del Fenner]

Greatest manager in our history.

Really? Better than Mullery, the only manager to ever get you to the top flight?

 

[ewe2]

I am sure all Brighton fans would want the club to learn from the Portsmouth template rather than follow it !